News for 'India Reserve'

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

Rediff.com8 Aug 2026

The Shiromani Akali Dal (SAD) has called for the immediate passage of the women's reservation bill and the delimitation bill, advocating for a uniform 50 per cent increase in seats for all states to ensure fair and equitable representation.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

Kanda Express To Lower Onion Prices

Kanda Express To Lower Onion Prices

Rediff.com26 Aug 2026

The Centre has launched dedicated Kanda Express onion trains from Nashik to major cities, releasing buffer stocks at 35/kg to curb a sharp seasonal rise in onion prices.

How AI Is Revolutionising Advertising For Indian Small Businesses

How AI Is Revolutionising Advertising For Indian Small Businesses

Rediff.com20 Aug 2026

A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Amid global uncertainty, RBI raises GDP forecast, lowers inflation projection

Rediff.com5 Aug 2026

The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.

India's gold demand falls 6% in Q2 on weak seasonal sales

India's gold demand falls 6% in Q2 on weak seasonal sales

Rediff.com31 Jul 2026

India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.

Vande Mataram: Sharmila Tagore Vs Kangana Ranaut

Vande Mataram: Sharmila Tagore Vs Kangana Ranaut

Rediff.com21 Aug 2026

Actor-MP Kangana Ranaut and movie legend Sharmila Tagore are embroiled in a public debate over Vande Mataram.

Crude oil, West Asia developments, inflation data to dictate market trends this week

Crude oil, West Asia developments, inflation data to dictate market trends this week

Rediff.com9 Aug 2026

Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.

India vs England: Gill opens up on India's costly middle-order collapse

India vs England: Gill opens up on India's costly middle-order collapse

Rediff.com17 Jul 2026

Joe Root's patient, unbeaten 99 anchored England's chase of 234 against India, securing a four-wicket victory and levelling the three-match ODI series 1-1. India captain Shubman Gill attributed his side's defeat to a middle-order collapse, which saw them slump from 178 for 3 to 193 for 7.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Manas Dhamne gets maiden Davis Cup call-up for South Korea tie

Manas Dhamne gets maiden Davis Cup call-up for South Korea tie

Rediff.com10 Aug 2026

Manas Dhamne has received his first call-up to India's main Davis Cup squad for the Qualifiers Round 2 tie against South Korea in Seoul on September 18-19, joining a core team that recently secured a historic win over the Netherlands.

RBI's Concessional Forex Swap Facility Mobilises $40.82 Billion

RBI's Concessional Forex Swap Facility Mobilises $40.82 Billion

Rediff.com1 Aug 2026

The Reserve Bank of India's concessional swap facility, designed to boost foreign currency inflows, has successfully attracted USD 40.82 billion by July 31, 2026, with a significant portion coming from Foreign Currency Non-Resident (Bank) deposits.

'Enemies like India': Pakistan rules out talks with PoK protesters

'Enemies like India': Pakistan rules out talks with PoK protesters

Rediff.com29 Jul 2026

Terming protesters in Pakistan-occupied Kashmir (PoK) as "enemies" like India, Pakistan's Defence Minister Khawaja Asif has said there will be no dialogue with them, even as the death toll due to clashes between demonstrators and security personnel rose to 20 on Wednesday.

Can HIL do for hockey what IPL did for cricket?

Can HIL do for hockey what IPL did for cricket?

Rediff.com20 Aug 2026

Former Australian hockey legend Jamie Dwyer believes the Indian team possesses the talent and infrastructure to become a dominant force in world hockey but stresses that 'they need to maintain consistency as a team' to realise their true potential.

Gold prices climb for second straight day, touch Rs 1.46 lakh

Gold prices climb for second straight day, touch Rs 1.46 lakh

Rediff.com5 Aug 2026

Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Rediff.com28 Aug 2026

For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

International Tiger Day: 8 Amazing Tiger Moods

International Tiger Day: 8 Amazing Tiger Moods

Rediff.com29 Jul 2026

What makes the tiger the undisputed king of the jungle?

The Men And Women Who Protect Our Freedom

The Men And Women Who Protect Our Freedom

Rediff.com15 Aug 2026

On India's 80th Independence Day, a photo feature by Pravin Talan and Rupali Talan offers a compelling look into the challenging lives and rigorous training of India's armed and security forces, from the snow-capped mountains of Kashmir to the dense forests of Gadchiroli.

Ian Bishop hails Bangladesh's 'momentous' Test win over Australia

Ian Bishop hails Bangladesh's 'momentous' Test win over Australia

Rediff.com16 Aug 2026

Former West Indies cricketer Ian Bishop hailed Bangladesh's "momentous achievement" after their stunning nine-wicket win over Australia in the first Test in Darwin on Sunday.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

AIFF in trouble? Brazil clash creates ASEAN Cup mess

AIFF in trouble? Brazil clash creates ASEAN Cup mess

Rediff.com12 Aug 2026

The All India Football Federation (AIFF) is in a difficult situation regarding India's participation in the inaugural FIFA ASEAN Cup and a proposed friendly against Brazil, as both events clash on October 3. FIFA regulations prohibit fielding an understrength team in a sanctioned competition, forcing the AIFF to seek clarification from FIFA on its plan for separate squads.

RBI keeps key interest rate same amid inflation, global risks

RBI keeps key interest rate same amid inflation, global risks

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.

TN CM Vijay waives cooperative farm loans up to Rs 75,000

TN CM Vijay waives cooperative farm loans up to Rs 75,000

Rediff.com17 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced a comprehensive waiver of cooperative farm loans, providing full relief for loans up to Rs 75,000 and partial waivers for higher amounts, benefiting over 1.38 lakh farmers with an additional financial commitment of Rs 953.06 crore.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com7 Aug 2026

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

Sumit Sarkar: The Historian Who Transformed Indian History

Sumit Sarkar: The Historian Who Transformed Indian History

Rediff.com25 Aug 2026

Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.

Students Abroad: Simple Indian Recipes

Students Abroad: Simple Indian Recipes

Rediff.com21 Aug 2026

Living away from home can be tough, especially if you have to cook on your own or rely on takeaways. Simple solutions for you!

PM bats for self-reliance to counter resource weaponisation

PM bats for self-reliance to counter resource weaponisation

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.

Hormuz Closure Tests India's Energy Security

Hormuz Closure Tests India's Energy Security

Rediff.com13 Jul 2026

'Energy prices would shoot up with the closure of Hormuz again.'

Shoaib Akhtar Believes Imran Khan Could Have Led Him To 400 Test Wickets

Shoaib Akhtar Believes Imran Khan Could Have Led Him To 400 Test Wickets

Rediff.com14 Aug 2026

Former Pakistan fast bowler Shoaib Akhtar believes he could have achieved 400 Test wickets under the captaincy of Imran Khan, reflecting on his career, his relationship with Wasim Akram, and the immense physical toll his express pace bowling took on his body.

'Government Did A U-Turn On Caste Census'

'Government Did A U-Turn On Caste Census'

Rediff.com19 Aug 2026

'They want to sabotage the caste census and bury Muslim backward classes, Hindu backward classes, Sikh backward classes and Buddhist backward classes.'

'Pakistan Is Facing The Wrath Of Its Own Creation In PoK'

'Pakistan Is Facing The Wrath Of Its Own Creation In PoK'

Rediff.com6 Aug 2026

'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com28 Jul 2026

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

Congress Challenges BJP On Women's Reservation Stance

Congress Challenges BJP On Women's Reservation Stance

Rediff.com22 Apr 2026

Maharashtra Congress president Harshwardhan Sapkal criticised the BJP's stance on women's reservation, challenging them to reject ideological texts like the Manusmriti. He accused the BJP of using the issue for political gains and misrepresenting Congress president Mallikarjun Kharge's remarks.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com21 Aug 2026

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.